In this report,global MRAM Market will reach 134.09 Million USD by the end of 2022 with a CAGR of 23.03 %
The global MRAM market was valued at 47.58 Million USD in 2017 and will reach 134.09 Million USD by the end of 2022, growing at a CAGR of 23.03% during 2017-2022.
MRAM, also known as magneto resistive RAM or magnetic RAM, is a type of non-volatile RAM memory which uses magnetic charges in order to store data.
According to a new study by XYZ-Research Non-volatile memories, such as MRAM and Resistive random Access Memory (RRAM/ReRAM), are expected to replace the existing volatile memories such as Dynamic Random Access Memory (DRAM) and Static Random-Access Memory (static RAM or SRAM). The replacement would be possible due to different benefits offered by the advance non-volatile memories. The existing flash memories are facing technological limits; and their further advancements are expected to increase their costs, thus, leading to the invention of non-volatile memories that are capable of avoiding data loss on power discharge. The major player of the MRAM mainly including Everspin Technologies Inc., Honeywell International Inc., NVE Corporation and Avalanche Technology Inc..
The standalone markets, such as wearables, embedded Multipoint Control Unit (MCU)s, Enterprise Storage, and storage class memories for enterprise storage, are expected to offer immense opportunities to the market.
The first generation MRAM and second generation Spin-Transfer Torque MRAM (STT-MRAM) are expected to replace traditional DRAMs and SRAMs. Initially, the prices associated with these memories are expected to be high, which would reduce with the increasing rates of developments.
Moreover, the increasing demand of these memories is predicted to promote the demand for equipment, used in their manufacturing. The manufacturing of these memories require specialized fabrication equipment, similar to those used in magnetic read sensors. Thus, promoting the growth of capital equipment required for manufacturing of non-volatile memories equipment.
Geographically, global MRAM market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Everspin Technologies Inc.
NVE Corporation
Honeywell International Inc.
Avalanche Technology Inc.
Toshiba
Spin Transfer Technologies
Samsung Electronics Co. Ltd.
TSMC
On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into
Toggle MRAM
STT-MRAM
For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of MRAM for each application, including
Consumer Electronics
Robotics
Automotive
Enterprise Storage
Aerospace & Defense
Production, consumption, revenue, market share and growth rate are the key targets for MRAM from 2014 to 2026 (forecast) in these regions
China
USA
Europe
Japan
Korea
India
Southeast Asia
South America
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Summary:
Get latest Market Research Reports on MRAM. Industry analysis & Market Report on MRAM is a syndicated market report, published as Global MRAM Market Research Report 2018 by Manufacturers, Regions, Types and Applications. It is complete Research Study and Industry Analysis of MRAM market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.